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Retail News

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06 December

Nestle to buy vitamin maker Atrium Innovations for $2.3 billion

  • Categories Retail News
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Nestle is buying Canadian vitamin maker Atrium Innovations for $2.3 billion, expanding its presence in consumer healthcare as it seeks to offset weakness in packaged foods. The world’s largest packaged …

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05 December

Toys R Us to shutter 26 stores in UK, focus on smaller shops

  • Categories Retail News
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Toys “R” Us Inc. plans to shut at least 26 U.K. stores as the retailer goes through bankruptcy proceedings in the U.S. The closures, starting in spring 2018, will pare rents on warehouse-size …

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04 December

CVS to Buy Aetna for $69

  • Categories Retail News
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Pharmacy giant CVS Health has agreed to buy Aetna in a $69 billion blockbuster acquisition that could rein in health care costs and transform its 9,700 pharmacy storefronts into community medical hubs for primary …

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30 November

Is Christmas shopping about to completely change?

  • Categories Retail News
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Christmas parties, crackers, mistletoe, garish jumpers, great movies, mince pies and of course an extra hole on the belt buckle. Christmas is a time of traditions, and part of its …

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28 November

UK retailers try new tactics to bring shoppers to stores

  • Categories Retail News
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Retailers in the U.K. are set to make more money this Christmas — but due to higher prices, not because shoppers are buying more items, according to researchers. A study …

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21 November

Walmart, Loblaw place orders for Tesla’s electric truck

  • Categories Retail News
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Canadian grocer Loblaw has ordered 25 of Tesla’s all-electric Semis, as part of an effort to move its fleet of delivery trucks to low-emission vehicles. It joins Walmart and U.S. trucking company …

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17 November

Showrooming increases as online growth begins to slow

  • Categories Retail News
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Brands including French clothing label Sézane, which had its beginnings on eBay before moving to a branded online platform, and one of Kate Middleton’s favourite online brands ME+EM have joined …

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16 November

How Rent the Runway plans to replace fast fashion

  • Categories Retail News
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Jennifer Hyman, the chief executive and co-founder of Rent the Runway, has vast ambitions for the fashion rental service she co-founded in 2009. In the beginning, the company offered shoppers clothing …

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15 November

Retail Visions – The Design Conference

  • Categories Retail News
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Retail Visions is one of most important and long-awaited events organized by Retail Institute Italy. This annual conference represents an opportunity to discuss and analyze the correlation between Retail Design …

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15 November

Will Amazon Reduce Whole Foods’ Local Sourcing?

  • Categories Retail News
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Since Whole Foods came under the yoke of Amazon three months ago, most of the buzz has been about cheaper prices and beefed up delivery service. But what about the …

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